Applied Industrial Technologies Receives Supplier Excellence and Innovation Awards from Eastman Chemical Company

CLEVELAND, June 12, 2013 /PRNewswire/ -- Applied Industrial Technologies (NYSE: AIT) has received two supplier awards from Eastman Chemical Company as part of their Eastman Supplier Excellence Program (ESEP) for 2012. Applied^® is a supplier of power transmission components and MRO products to Eastman Chemical Company and was recognized for both Excellence and Innovation, earning the highest status assigned by Eastman to their most valued suppliers.

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These Excellence and Innovation awards signify that Applied is one of the company's most valued suppliers based on consistent performance in furnishing Eastman with high quality materials and services, while also working on their behalf to improve efficiency and further facilitate their competitiveness in the marketplace. Selection for the awards is based on contributions in the areas of on-time shipping performance, meeting Eastman's quality expectations, and providing innovative solutions to unique opportunities.

"Less than six-tenths of one percent of Eastman's suppliers were nominated for an ESEP award, and Applied is one of only two suppliers to win two ESEP awards for 2012," explains Debbie Davis Waltermire, Director, Global Indirect Procurement & Supply Chain for Eastman. "In fact, Applied has won more ESEP awards in the last three years than any other supplier," added Jason Bunton, Global Sourcing Manager for Eastman.

"We are honored to be recognized by Eastman for these prestigious awards three years in a row, and we are proud to be a preferred supplier," says Tom Armold, Vice President – Marketing and Strategic Accounts, Applied Industrial Technologies. "We have a successful partnership with Eastman because they allow us to utilize our years of experience, expertise, and exceptional ability to improve their operations."

About Applied
With more than 500 facilities and 5,000 employee associates, Applied Industrial Technologies is a leading industrial distributor that offers more than four million parts to serve the needs of MRO and OEM customers in virtually every industry. In addition, Applied provides engineering, design and systems integration for industrial and fluid power applications, as well as customized mechanical, fabricated rubber and fluid power shop services. Applied also offers maintenance training and inventory management solutions that provide added value to its customers. Applied can be visited on the Internet at www.applied.com.

About Eastman Chemical Company
Eastman is a global specialty chemicals company that produces a broad range of advanced materials, additives and functional products, specialty chemicals, and fibers that are found in products people use every day. As a world leader in the diverse markets it serves, Eastman is focused on delivering innovative and technology-based solutions while maintaining its commitment to safety and sustainability. For more information, visit www.eastman.com.  

SOURCE Applied Industrial Technologies

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